Market Research Report
Wealth in China: HNW Investors 2018
|Published by||GlobalData||Product code||368672|
|Published||Content info||47 Pages
|Wealth in China: HNW Investors 2018|
|Published: June 14, 2018||Content info: 47 Pages||
China's financial services sector is evolving rapidly, providing investors with a multitude of new investment opportunities and channels. While still developing, the traditional private banking concept has already been shaken as the changing demand patterns of China's wealthy have given rise to new business models. New entrants in the robo-space are competing alongside the country's well-established incumbents, foreign entrants, and offshore providers.
Going forward, rapidly rising wealth levels and a growing investment universe will continue to drive HNW demand, enticing more wealth managers to tap the opportunity the Chinese wealth market provides. Players that understand the unique characteristics and changing demographics of the local investor base will be able to succeed in China's rapidly changing private banking market.
Chinese HNW investors, who skew heavily towards entrepreneurial males across three industries, show strong demand for most forms of wealth advice and planning. A multi-service proposition underpinned by a proven ability to demonstrate returns will be key to tapping into demand. A uniquely large expat market, a burgeoning appetite for novel options such as robo-advice, and the upcoming monumental transfer of wealth between generations provides arguably the most significant growth opportunity for global wealth managers in the foreseeable future.
"Wealth in China: HNW Investors 2018", report analyzes the investing preferences and portfolio allocation of Chinese HNW investors. Specifically the report -